In the United States,the Foreign Corrupt Practices Act is controversial because the act __________.
A)makes it hard for foreign firms to do business in the U.S.
B)makes it illegal for U.S.firms to engage in corrupt practices overseas
C)allows U.S.firms to make payoffs to foreign officials in order to obtain or keep business
D)makes it legal for foreign firms to use corrupt practices in the U.S.
E)makes it illegal for foreign firms to use corrupt practices in the U.S.

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act (FCPA) makes it illegal for U.S. firms to engage in corrupt practices overseas. This includes bribing foreign officials for business gain. The act is controversial because some argue it puts U.S. firms at a disadvantage when competing with foreign firms who may not face the same legal restrictions. However, others argue that the FCPA helps to level the playing field and promotes ethical business practices.

In the United States,the Foreign Corrupt Practices Act Is Controversial